The court in the northwestern
town of Velsk, near where Lebedev is serving time, ordered that his
sentence be reduced by three years and four months. Judge Viktor Ivanov
said the decision was based on a change in Russian laws, the RIA Novosti
news agency reported.

It was not yet clear whether Khodorkovsky’s
sentence would be shortened as well. He would need to appeal to a
separate court near where he is imprisoned in Karelia, also in
northwestern Russia.

Both men were arrested in 2003 in a case
widely seen as politically motivated after Khodorkovsky, then Russia’s
richest man, challenged the power of Vladimir Putin early in his
presidency.

Khodorkovsky and Lebedev were convicted in 2005 of
evading taxes on the Yukos oil company. They were tried together again
in a second case and convicted in 2010 of stealing oil from Yukos and
laundering the proceeds.

Lebedev has been in jail since July 2003 and is now set to be released in March 2013.

“It
seems to me that this is one of the good signs that society has long
awaited,” said Mikhail Fedotov, who heads a presidential advisory
council on human rights and civil society, RIA Novosti reported.

Wednesday’s
decision came as a Moscow court prepares to issue a verdict in the
controversial case of three feminist punk rockers who were arrested
after an anti-Putin protest in Moscow’s main cathedral. Prosecutors have
asked the court to send them to prison for three years.

Found a spelling error? Let us know – highlight it and press Ctrl + Enter.

All materials, including photographs, contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com. All Interfax-Ukraine news agency stories cannot be reproduced or distributed in any form without written permission of Interfax-Ukraine.